2 Bed Flat, Cash/Bridging Only, Ardrossan, KA22 8EY, £30,000

Glasgow Street, Ardrossan, KA22 8EY 8 - 3 months ago

Sold STC

BTL

~50 m²

+6 photos

ValuationUndervalued

Sold Prices	£25K - £130K

Square Metres	~50.15 m²
Value Estimate	£31,313£31,313
BMV	4%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£7,500£7,500
Stamp Duty & Legal Fees	£2,700£2,700
Total Cash In	£10,200£10,200

Cash Out
Rent Range	£475 - £1,100£475 - £1,100
Rent Estimate	£0
Running Costs/mo	£114£114
Cashflow/mo	£-114£-114
Cashflow/yr	£-1,365£-1,365

Local Sold Prices

49 sold prices from £25K to £130K, average is £65K.

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£60K	07/21	0.1 mi	10c, Seton Street, Ardrossan, Ayr KA22 8JH	-	-	2	Flat
£45K	04/21	0.1 mi	12a, Seton Street, Ardrossan, Ayrshire KA22 8JH	-	-	2	Flat
£42K	11/21	0.17 mi	24c, Winton Street, Ardrossan, Ayrshire KA22 8JF	-	-	2	Flat
£42K	10/21	0.17 mi	22c, Winton Street, Ardrossan, Ayrshire KA22 8JF	-	-	2	Flat
£38K	09/21	0.17 mi	18c, Winton Street, Ardrossan, Ayrshire KA22 8JF	-	-	2	Flat
£60K	05/21	0.24 mi	67, Barrie Terrace, Ardrossan, Ayrshire KA22 8AZ	-	-	2	Flat
£60K	08/21	0.24 mi	35, Barrie Terrace, Ardrossan, Ayrshire KA22 8AZ	-	-	2	Flat
£48.3K	03/21	0.24 mi	21a, Barrie Terrace, Ardrossan, Ayr KA22 8AZ	-	-	2	Flat
£60K	06/21	0.24 mi	123, Barrie Terrace, Ardrossan, Ayrshire KA22 8AZ	-	-	2	Flat
£35K	12/20	0.24 mi	67, Barrie Terrace, Ardrossan, Ayrshire KA22 8AZ	-	-	2	Flat
£53K	04/21	0.24 mi	77, Barrie Terrace, Ardrossan, Ayrshire KA22 8AZ	-	-	2	Flat
£35.5K	02/21	0.25 mi	96, Barrie Terrace, Ardrossan, Ayr KA22 8BA	-	-	2	Flat
£76.3K	09/21	0.26 mi	1, St. Johns Place, Ardrossan, Ayrshire KA22 8HN	-	-	2	Flat
£115K	10/21	0.26 mi	4, Kirkhall Gardens, Ardrossan, Ayrshire KA22 7BX	-	-	2	Flat
£55K	11/21	0.27 mi	20, Hunter Avenue, Ardrossan, Ayrshire KA22 8BD	-	-	2	Flat
£87K	04/21	0.35 mi	17, Dasher Gardens, Dalry Road, Ardrossan, Ayrshire KA22 7NN	-	-	2	Flat
£95K	09/21	0.35 mi	8, Dasher Gardens, Ardrossan, Ayrshire KA22 7NN	-	-	2	Flat
£93K	05/21	0.35 mi	14, Dasher Gardens, Ardrossan, Ayrshire KA22 7NN	-	-	2	Flat
£45.5K	02/21	0.36 mi	12, Ailsa Gardens, Ardrossan, Ayrshire KA22 7BW	-	-	2	Flat
£62K	06/21	0.36 mi	93b, Glasgow Street, Ardrossan, Ayrshire KA22 8ER	-	-	2	Flat
£37.5K	12/20	0.36 mi	93b, Glasgow Street, Ardrossan, Ayrshire KA22 8ER	-	-	2	Flat
£100K	12/21	0.41 mi	17a, Seafield Court, Ardrossan, Ayrshire KA22 8NS	-	-	2	Flat
£70K	03/21	0.44 mi	16, Kilmeny Court, Ardrossan, Ayrshire KA22 8DJ	-	-	2	Flat
£66K	12/21	0.44 mi	14, Kilmeny Court, Ardrossan, Ayrshire KA22 8DJ	-	-	2	Flat
£50K	05/21	0.46 mi	10c, Montgomerie Street, Ardrossan, Ayrshire KA22 8EG	-	-	2	Flat
£105K	04/21	0.47 mi	106, Mariners View, Ardrossan KA22 8BH	-	-	2	Flat
£110K	08/21	0.47 mi	113, Mariners View, Ardrossan, Ayrshire KA22 8BH	-	-	2	Flat
£110K	08/21	0.47 mi	63, Mariners View, Ardrossan KA22 8BH	-	-	2	Flat
£98K	12/20	0.47 mi	112, Mariners View, Ardrossan, Ayr KA22 8BH	-	-	2	Flat
£88K	11/21	0.49 mi	8, Lauriston Court, Ardrossan, Ayrshire KA22 8AG	-	-	2	Flat
£25K	03/21	0.49 mi	12d, Glasgow Street, Ardrossan, Ayr KA22 8EL	-	-	2	Flat
£130K	11/21	0.52 mi	16, Mariners View, Ardrossan, Ayrshire KA22 8BF	-	-	2	Flat
£89K	06/21	0.52 mi	42, Mariners View, Ardrossan, Ayrshire KA22 8BF	-	-	2	Flat
£110K	02/21	0.52 mi	22, Mariners View, Ardrossan, Ayr KA22 8BF	-	-	2	Flat
£85K	05/21	0.52 mi	36, Mariners View, Ardrossan, Ayrshire KA22 8BF	-	-	2	Flat
£100K	02/21	0.52 mi	12, Mariners View, Ardrossan, Ayr KA22 8BF	-	-	2	Flat
£90K	08/21	0.57 mi	6, Bath Square, Ardrossan, Ayrshire KA22 8DP	-	-	2	Flat
£95K	12/21	0.6 mi	2, Burnfoot Lane, Ardrossan KA22 8NY	-	-	2	Flat
£120K	11/21	0.75 mi	35, Montgomerie Crescent, Saltcoats, Ayrshire KA21 5BT	-	-	2	Flat
£115K	09/21	0.75 mi	26, Montgomerie Crescent, Saltcoats, Ayr KA21 5BT	-	-	2	Flat
£39K	04/21	0.77 mi	8, Stanley Road, Saltcoats, Ayrshire KA21 5BB	-	-	2	Flat
£41.8K	04/21	0.77 mi	25, Stanley Road, Saltcoats, Ayrshire KA21 5BB	-	-	2	Flat
£65K	12/21	0.84 mi	2, Galloway Place, Saltcoats, Ayrshire KA21 5BD	-	-	2	Flat
£64K	07/21	0.84 mi	8, Galloway Place, Saltcoats KA21 5BD	-	-	2	Flat
£56K	03/21	0.85 mi	4, Arthurlie Place, Saltcoats, Ayrshire KA21 5BE	-	-	2	Flat
£48K	04/21	0.96 mi	114, Lambie Court, Saltcoats, Ayrshire KA21 5NB	-	-	2	Flat
£70K	12/21	0.97 mi	35, Christie Gardens, Saltcoats, Ayrshire KA21 5NQ	-	-	2	Flat
£71K	10/21	0.97 mi	9, Christie Gardens, Saltcoats, Ayrshire KA21 5NQ	-	-	2	Flat
£65K	06/21	0.97 mi	36, Christie Gardens, Saltcoats, Ayrshire KA21 5NQ	-	-	2	Flat

Local Rents

30 rents from £475/mo to £1.1K/mo, average is £585/mo.

Rent	Date	Distance	Address	Beds	Type
£475	07/23	0.02 mi	-	2	Flat
£475	07/23	0.02 mi	-	2	Flat
£530	01/25	0.02 mi	-	2	Flat
£500	04/24	0.1 mi	'Seton Court', Seton Street, Ardrossan, Ayrshire, KA22	2	Flat
£550	01/24	0.11 mi	Caledonia Crescent, Ardrossan, Ayrshire, KA22	2	Flat
£550	04/24	0.15 mi	Winton Street, Ardrossan, Ayrshire, KA22	2	Flat
£635	01/24	0.19 mi	Birch Terrace, Ardrossan, Ayrshire, KA22	2	Terraced House
£550	04/25	0.25 mi	-	2	Flat
£495	04/24	0.26 mi	St. Johns Place, Ardrossan, Ayrshire, KA22	2	Flat
£525	06/23	0.26 mi	-	2	Flat
£525	06/23	0.26 mi	-	2	Flat
£525	06/23	0.26 mi	-	2	Flat
£500	06/24	0.26 mi	St. Johns Place,Ardrossan,KA22	2	Flat
£495	01/24	0.28 mi	Winton Court, Ardrossan, Ayrshire, KA22	2	Flat
£595	04/24	0.47 mi	Glasgow Street, Ardrossan, KA22	2	Flat
£600	05/24	0.47 mi	Glasgow Street, Ardrossan, KA22	2	Flat
£645	04/24	0.47 mi	-	2	Flat
£645	04/24	0.47 mi	-	2	Flat
£600	06/24	0.47 mi	-	2	Flat
£1,100	01/24	0.47 mi	-	2	Flat
£1,100	01/24	0.47 mi	-	2	Flat
£700	04/24	0.49 mi	Churchill Drive, Ardrossan, Ayrshire, KA22	2	Semi-Detached House
£575	05/24	0.5 mi	Hill Street, Ardrossan	2	Flat
£575	05/24	0.5 mi	Hill Street, Ardrossan	2	Flat
£600	01/24	0.5 mi	Rowanside Terrace, Ardrossan, Ayrshire, KA22	2	Semi-Detached House
£600	04/24	0.52 mi	Mariners View, Ardrossan, North Ayrshire, KA22	2	Flat
£650	09/23	0.56 mi	-	2	Terraced House
£650	09/23	0.56 mi	-	2	Terraced House
£650	09/23	0.56 mi	-	2	Terraced House
£650	09/23	0.56 mi	-	2	Terraced House

Local Area Statistics


Rental growth (12m)	-1%-1%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+7%+7%

Property History

Listed for £30,000

February 1, 2025

Floor Plans

Description

Spacious Lounge +
Fitted Kitchen +
2 Double Bedrooms +
3 Piece Bathroom Suite +
No Chain +
Sold as seen +
Secure Entry +
Well Maintained Garden +
Popular Location +

177 Glasgow Street is a fantastic opportunity for all Investors looking to add to their Buy to Let portfolio.

The property has a secure entry system, front facing lounge, fitted kitchen, 2 double bedrooms and a 3 piece bathroom suite.

*All services/appliances have not and will not be tested*

This property is not in a chain and will be sold as seen.

Home Report available on request.

EPC Rating: D

Council Tax Band: A

Contact Glow Homes to arrange a viewing.

Agent Details

Glow Homes Letting & Sales, Saltcoats

01294 442358

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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ValuationUndervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents